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Cirrus Logic, Inc. (CRUS) [hlAlert]

Rating:
Hold CRUS
down 58.94 %

Cirrus Logic, Inc. (CRUS) downgraded to Hold with price target $18 by Canaccord Genuity

Posted on: Friday,  May 24, 2013  10:25 AM ET by Canaccord Genuity

Canaccord Genuity rated Hold Cirrus Logic, Inc. (NASDAQ: CRUS) on 05/24/2013. Previously Canaccord Genuity rated Buy Cirrus Logic, Inc. (NASDAQ: CRUS) on
09/14/2012., when the stock price was $42.70. Since then, Cirrus Logic, Inc. has lost 58.95% as of 05/24/2013's recent price of $17.53.
If you would have followed the previous Canaccord Genuity's recommendation on CRUS, you would have lost 58.94% of your investment in 252 days.

Cirrus Logic Inc. is a premier supplier of high performance analog circuits and advanced mixed-signal chip solutions. The company's products, sold under its own name and the Crystal product brand, enable system-level applications in mass storage, audio and precision data conversion. (PRESS RELEASE)

Canaccord Genuity’s global team of over 100 research professionals are inquisitive, experienced and committed to generating actionable investment ideas. We analyze over 725 companies in a broad range of market sectors, identifying value and defining risk for our clients.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/29/2014 9:25 AM Hold
None
17.06 18.00
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD down  -39.48 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/24/2013 10:25 AM Hold
None
17.53 18.00
9/14/2012 8:25 AM Buy
None
42.70 48.00
7/30/2012 8:25 AM Buy
None
29.56 35.00
7/30/2012 8:25 AM Buy
None
29.56 35.00

(*) Stock Price at the time of the recommendation.
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